Rupkey on U.S. Jobless Claims, Trade Deficit

Oct. 11 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about U.S. jobless claims and the trade deficit. Applications for jobless benefits dropped 30,000 to 339,000 in the week ended Oct. 6, the fewest since February 2008, Labor Department figures showed today. The August trade gap grew 4.1 percent to $44.2 billion from $42.5 billion in July, Commerce Department figures showed. (Source: Bloomberg)

Is U.S. Economy Closer to Recession Than We Think?
35:43 - David Zervos, chief market strategist at Jefferies, and Bloomberg Intelligence's Richard Yamarone discuss the risk of the United States entering a recession and the health of the U.S. economy. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)
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